DUBLIN, October 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Aircraft Heavy Maintenance Visit Market 2016-2020" report to their offering.
The global aircraft heavy maintenance visit (HMV) market is forecast to grow at a CAGR of 5.78% during the period 2016-2020.
According to the report, rapid development in ultrasonic technique will be a key trend for market growth. Ultrasonic inspection is a sensitive method of nondestructive testing metallic, nonmetallic, magnetic, or nonmagnetic components of aircraft. This technique is widely used for the detection of internal defects in materials. With only single surface accessibility, the ultrasonic test can detect small flaws and estimate the location and size of the defect.
Further, the report states that OEMs have a major role to play in the HMV market. They have the license for the supply of spare parts that cannot be purchased by PMAs. This domination has created a niche market for the MRO service providers or third parties, especially for the engine OEMs.
Further, dynamic technology in new aircraft opens new opportunities for the OEMs to penetrate further in the market. In addition, they are augmenting their presence by extending aftermarket services to the end-users. Such moves by the OEMs inevitably challenge the presence of service providers and PMAs.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Aviation Technical Services (ATS)
- Lufthansa Technik
- Evergreen Aviation Technologies
- Monarch Aircraft Engineering
- Ascent Aviation
- SR Technics
- Singapore Technologies Aerospace
- Zodiac Aerospace
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by MRO type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/gbjqlt/global_aircraft
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SOURCE Research and Markets